 |
Korea Exchange (KRX) Overview. (Image courtesy of Korea Exchange) |
[Alpha Biz= Reporter Kim Sangjin] Despite the bearish trend in the KOSPI due to both domestic and international issues, foreign investors have been buying stocks in the internet, gaming, and defense sectors.
According to the Korea Exchange, foreign investors recorded a net sell-off of 3.03 trillion won in the KOSPI over 13 trading days from the 4th to the 20th of this month, following the martial law situation. During this period, foreign investors focused on selling major stocks like Samsung Electronics, KB Financial, and Hyundai Motor, which were among the beneficiaries of large foreign inflows at the beginning of the year.
In contrast, stocks of internet companies such as Naver, gaming company Krafton, and defense company Hanwha Aerospace were actively purchased by foreign investors, showing resilience against the ongoing uncertainties.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
